CLS and Forward contract: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Administrator
(CSV import)
 
imported>Doug Williamson
m (Spacing 27/8/13)
 
Line 1: Line 1:
Continuous Linked Settlement.
A forward contract is a binding agreement either to buy or to sell a certain amount of a foreign currency or another traded asset at a predetermined price at a specified time in the future.
 
Forward contracts are bilateral agreements. 
 
One of the parties is contractually obliged to buy the asset, and the other party is similarly obliged to sell the asset.
 


== See also ==
== See also ==
* [[Continuous linked settlement ]]
* [[Fixing instrument]]
* [[Forward market]]
 
* [[Futures contract]]

Revision as of 13:40, 27 August 2013

A forward contract is a binding agreement either to buy or to sell a certain amount of a foreign currency or another traded asset at a predetermined price at a specified time in the future.

Forward contracts are bilateral agreements.

One of the parties is contractually obliged to buy the asset, and the other party is similarly obliged to sell the asset.


See also